Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24888 with take profit at 1.25356. Bearish Preference: Sell position is envisaged if price trades below 1.24343 with take profit at 1.23797 Fundamentals:No major fundamentals Comment: USD/CAD continued to move lower on Friday, with the market now testing the mid-February 2018 low at 1.2452. We still …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.216 with take profit at 109.320. Bearish Preference: Sell position is envisaged if price trades below 109.039 with take profit at 108.930. Fundamentals:No major fundamental Comment: The Dollar/Yen closed higher on Friday as a spike in U.S. Treasury yields widened the spread against Japanese Government …
Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below 1719.50 with take profit at 1714.57. Bullish Preference: Buy position is envisaged if price trades above 1729.42 with take profit at 1736.00. Fundamentals:No major fundamentals Comment: Gold prices erased early gains on Monday as hopes of a faster economic recovery for the U.S got a boost. …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19385 with take profit at 1.19516. Bearish Preference: Sell position is envisaged if price trades below 1.19065 with take profit at 1.18895. Fundamentals:EUR: German WPI m/m (8am)EUR: Eurogroup Meetings (ALL DAY)USD: Empire State Manufacturing Index (1:30 AM) Comment: On Friday, EU reported that Euro Area …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.247 with take profit at 109.401. Bearish Preference: Sell position is envisaged if price trades below 108.809 with take profit at 108.703. Fundamentals:No major economic data Comment: The dollar was up on Friday morning in Asia but remained near a one-week low as calmer bond …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.26223 with take profit at 1.26520. Bearish Preference: Sell is envisaged if price trades below 1.25585 with take profit at 1.25021. Fundamentals:7:30PM CAD Gov Council Member Schembri Speaks Comment: Crude prices have been buoyant since the Organization of the Petroleum Exporting Countries, Russia and their oil producing …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisage if price trades above 68.55 with take profit at 69.28. Bearish Preference: Sell is envisaged if price trades below 67.75 with take profit at 66.96. Fundamentals:None with high impact on the commodity. Comment: Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31869 with take profit at 31952. Bearish Preference: Sell position is envisaged if price trades below 31708 with take profit at 31627 Fundamentals:2:30pm USD CPI m/m Comment: News that a $1.9 trillion coronavirus relief package was nearing final approval sparked a spike in yields on Monday, …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.90 with take profit at 68.27. Bearish Preference: Sell position is envisaged if price trades below 66.56 with take profit at 66.05 Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories …
Instrument: DE30 Technical Analysis Bearish Preference: A sell is envisaged if price trades below 14341.0 with take profit at 14310.5. Bullish Preference: A buy is envisaged if the price trades above 14403.9 with take profit at 14423.5. Fundamentals:No major fundamental Comment: European stock markets pushed higher Monday helped by gains from the oil majors as crude prices soared, while hopes for …
